JUTESPINN Corporate Disclosure — 4 December 2018

(Continuation news of JUTESPINN): stood Tk. 468,483,731 which exceeded its total assets Tk. 300,486,767 by Tk. 167,996,964. We also draw attention to the labor difficulties, inability to pay creditors on due dates, inefficiency of key management and negative operating cash flows indicated by financial statements of the Company. These events or conditions indicate that a material uncertainty exists that may cast significant doubt on the Company's ability to continue as a going concern. (cont. 2)